MEDIATION FAILS IN FAIRFIELD, CT HIGHEST LOST HOME RATE IN PAST FIVE YEARS

New foreclosures decreased while past Fairfield homes lost to foreclosure increased dramatically compared to past 3rd quarters.

Foreclosure rates in Fairfield, CT decreased slightly in the third quarter of 2018 when compared to the second quarter of 2018. Unlike most towns with decreasing foreclosure rates, Fairfield has seen unacceptably high rates for the past five years.

The number of foreclosures initiated in Fairfield has increased from 20 in the 3rd quarter of 2017 to 32 in the 3rd quarter of 2018. This is a 60% increase. At the same time, Fairfield homes lost to foreclosure reached a 5 year high with 31 foreclosures- a 47% increase from the 3rd quarter of 2017 when 21 homes were lost to foreclosure. Clearly the Bridgeport foreclosure mediation system is not properly addressing the needs of hardworking Fairfield homeowners who need specialized treatment and specialized legal counsel.

Foreclosure mediation with experienced expert legal counsel remains the primary solution to home loss.

Don’t be misled – Foreclosure mediation with a specialized and experienced foreclosure defense attorney will work to modify your mortgage to an affordable rate and save your home.

Remember:

  • It’s never too early or too late to seek free legal advice in a confidential initial consultation. The key to saving your home is to act fast and speak to an attorney save your home.
  • Banks and their attorneys don’t respond to or respect homeowners without qualified legal representation.

Get the best representation possible. We have been saving homes in Fairfield and across Connecticut since 1983. This is what we do. To learn more about how you can save your Fairfield home and get back on your feet, call the dedicated foreclosure defense and mortgage mediation attorneys at the Law Offices of Neil Crane at 203-230-2233 or toll free at 1-800-249-3027 to schedule your free consultation.

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